In the past two days, some people have been speculating that the National Day holiday pie will quickly rebound to 30,000?
In fact, the core factor is the safe-haven funds from the stock market, but it is really not certain whether they can enter the market in large quantities.
Looking at the U.S. economic situation, the U.S. economy is currently facing four major tests. The U.S. auto industry strike is spreading, crude oil prices are rising, U.S. student loan repayments have resumed under high interest rates, and the government is on strike for a long time.
Any one of these major factors may lead to changes in whether to raise interest rates at the end of the future, but the simultaneous emergence of four factors will make the current situation even more mysterious.
Of course, Lao Bao was as hawkish as ever. During the interview, Lao Bao was asked how to deal with the impact of external factors on the economy. Lao Bao directly said through the media that the U.S. economy is currently in an era of strong growth. The subtext is that these factors may not affect the economy. With rapid growth, raising interest rates will not lead to an economic recession. However, Lao Bao also acknowledged the economic risks brought by these important factors.
I have said before that no matter whether an interest rate hike is confirmed at the end of the year, Lao Bao must be hawkish when speaking, otherwise the market sentiment may directly FOMO the expectations of interest rate cuts next year. Once the market speculates like this, the investment market will get better, but it will bring about Inflationary pressure may not be what Mr. Bao wants to see.
